Latest

DeFi
OpenSea Vows to Probe 'Incredibly Disappointing' Insider NFT Buys
OpenSea, the world’s biggest NFT marketplace with $100M in daily volume, just learned a painful lesson — inside information can lead to unscrupulous trading by employees. Devin Finzer, OpenSea’s co-founder and CEO, said in a blog post Wednesday that an employee purchased “items” ahead of their public listing on the auction site’s front page. With…

NFTs & Web3
SuperMassive NFT Show: CrypToadz, CryptoDads, Sevens, & Lost Poets
The SuperMassive show is a brand new fortnightly show all about NFTs of all sizes and flavours, from fine art to collectible gak. It’s an irreverent look at the big stories, the most exciting drops and the health of the space.

DeFi
Solana Outage Likely Caused by Bots Pursuing an Initial DEX Offering
At 2:01 AM New York time Wednesday morning, the Solana blockchain went live once again, according to @SolanaStatus. “The Solana validator community successfully completed a restart of Mainnet Beta after an upgrade to 1.6.25,” the platform reported. “Dapps, block explorers, and supporting systems will recover over the next several hours, at which point full functionality…

DeFi
XRP Holders to Get Huge Airdrop of New Blockchain Songbird
Not only is DOGE a very good boy, its coin is about to be very smart, too — as in, smart contract-ready. Flare is a startup launching its canary network in the coming days, and it’s going to bring smart contract functionality to DOGE. It will also bring it to XRP, Stellar (XLM) and Litecoin…

Education
Protect Yourself From Smart Contract Exploits with Sherlock
Sherlock is a risk management platform designed to provide DeFi protocols with affordable, reliable coverage against smart contract exploits starting from Day 1.

Podcast
"There's Going to Be a DeFi Universe Geared Towards Non-Fungible Assets:" NFTfi's Stephen Young
In this week’s episode Camila speaks with Stephen Young, the founder and CEO of NFTfi, a platform for enabling NFT-backed loans. For some people, decentralized finance and nonfungible tokens sit on two separate worlds; DeFi on one end with its different lending, boring, and trading applications, and NFTs, with their digital art, music royalties and collectibles. Entrepreneurs…

DeFi
Cardano Launches Smart Contracts But Now Must Deliver on Ecosystem’s Promise
At long last, Cardano has smart contracts. Input Output Hong Kong (IOHK), one of three companies backing Cardano, announced the release on Sep. 12 as part of the so-called Alonzo upgrade. The deployment means the end of a long wait — Cardano launched its mainnet four years ago but hasn’t been able to run decentralized…

DeFi
Upstart Project Helps Drive Up Arbitrum’s TVL 17 Times to $2.2B
Arbitrum, a Layer 2 which pushes Ethereum transactions onto a sidechain to enhance performance, is on fire. In the last five days, Arbitrum’s total value locked has multiplied 17 times, shooting to $2.2B on Sept. 14 from $126M on Sept. 9, according to data provider L2BEAT. Arbitrum has more than 70% of the total L2…

DeFi
Ethereum Layer-2 Chain Arbitrum Suffers Near Hour-Long Outage
Arbitrum experienced what its team is describing as an “outage” this morning, according to a Tweet posted by its main account at 10:43 AM New York time. The downtime happened to coincide with a similar loss of performance on the Solana blockchain. Arbitrum is an optimistic roll-up chain built to support the Ethereum blockchain, developed…

Blockchains
Solana Blockchain Suffers Intermittent Stability
Solana, one of the biggest DeFi chains by value locked, suffered network outages Tuesday. The Solana team first alerted users to the issue on Twitter at 8:38 AM New York time, saying the network had been “experiencing intermittent instability” for the prior 45 minutes. Some nodes on the smart contracts chain went offline after the…


